Low income vs Viet Nam: Military expenditure

Low income
9.31 billion current USD
in 2024
Viet Nam
5.50 billion current USD
in 2018
Low income rank
40th
Viet Nam rank
45th

Military expenditure over time

  • Low income
  • Viet Nam
02.0B4.0B6.0B8.0B10.0B197019972024

How they compare

Low income currently reports 9.31 billion current USD against 5.50 billion current USD in Viet Nam, a difference of 3.81 billion current USD.

That makes Low income's figure about 1.7 times Viet Nam's.

Across all 24 years both countries report, Low income has been ahead every year.

Low income ranks 40th and Viet Nam ranks 45th of 42 groups.

Low income has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Low income Viet Nam Difference Ahead
1980s 4.47 billion current USD 1.03 billion current USD 3.44 billion current USD Low income
1990s 5.22 billion current USD 400.32 million current USD 4.82 billion current USD Low income
2000s 6.61 billion current USD 1.48 billion current USD 5.13 billion current USD Low income
2010s 6.66 billion current USD 4.10 billion current USD 2.57 billion current USD Low income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Low income or Viet Nam?
Low income, at 9.31 billion current USD against 5.50 billion current USD in Viet Nam as of 2024.
What is the difference in military expenditure between Low income and Viet Nam?
3.81 billion current USD, with Low income ahead.
How many years of comparable data are there for Low income and Viet Nam?
24 years are reported by both, from 1987 to 2018.
How do Low income and Viet Nam rank globally for military expenditure?
Low income ranks 40th and Viet Nam ranks 45th of 42 groups.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Low income vs Viet Nam: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 26 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/low-income/viet-nam/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)